Author Topic: Spot Brent Oil Price  (Read 156717 times)

Online DR KIM

  • Prince
  • **********
  • Posts: 40,617
Re: Spot Brent Oil Price
« Reply #3400 on: March 10, 2017, 10:28:07 PM »


52.34

getting worst......OIL  can't rule out to below  50  :phew: :phew:

##  BTW   Oly  around  ?.... :giggle: :giggle:

hmmmmm...mine  in hat Yai now   with  my MBA  student :heart: :heart:  ( SURE  GOT A ) :handshake:
##  Climbing  HILL   J **** :heart:  on the way  to  Black Wood Hill ------> Hat Yai

Don't  be  Jeles  :heartbreak: , OLY

Malaysia's Biggest Investment Forum

Re: Spot Brent Oil Price
« Reply #3400 on: March 10, 2017, 10:28:07 PM »

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3401 on: March 11, 2017, 05:42:42 AM »



51.36

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3402 on: March 13, 2017, 06:51:59 AM »



油价触三个月低位
66点看 2017年3月13日
油价上周五续跌,触及三个月低位,投资者继续出脱多头头寸,因担心由石油输出国组织(OPEC)的减产努力,尚未缓解全球原油过剩状况。

美国原油较上周二收盘急挫了近9%,为2016年2月以来的最大三日跌幅。


过去几个月大部分时间里弥漫市场的看多人气,受到库存数据持续高企的打击,导致投机客在本周下半段时间出脱头寸。

美国原油下跌79美分,或1.6%,报每桶48.49美元,布兰特原油收跌0.82美分,或1.6%,报每桶51.37美元。

在下午的交易中,当美国原油跌穿48.68美元的200日移动均线后,卖盘看似加速。

上周,在美国原油库存再创纪录新高的消息传来后,油价开始下滑。上周五,石油服务公司贝克休斯报告称,本周美国活跃钻机数再次增加。


 点赞 1赞
FacebookTwitterGoogle+WhatsApp
相关课题: 油价
上则新闻
香港上市联号公司发盈喜
威铖WA可留意/温世麟
下则新闻

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3403 on: March 13, 2017, 07:45:38 AM »



50.92

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3404 on: March 13, 2017, 10:31:46 AM »



51.05

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3405 on: March 13, 2017, 03:28:48 PM »



51.28

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3406 on: March 13, 2017, 04:23:39 PM »



2017-03-13 14:19
西德州原油期货跌破48美元.供给增加疑虑未减
美国原油指标西德州原油期货(WTI)价格继续下挫,今天上午在亚洲交易时段一度跌破每桶48美元,显示美国原油指标仍面临进一步下探压力。

(图:法新社)
(新加坡13日讯)美国原油指标西德州原油期货(WTI)价格继续下挫,今天上午在亚洲交易时段一度跌破每桶48美元,显示美国原油指标仍面临进一步下探压力。

广告

西德州原油一度下跌1.2%至每桶47.9美元,是去年11月30日以来最低水准,随后小幅回升。布兰特原油期货价格也一度下滑1%至每桶50.85美元。

美国原油上周三出现13个月来最大抛盘,上周共跌7%,自去年12月以来首次跌破每桶50美元关卡。国际油价上周写下去年11月以来最大跌幅,对美国供给增加的疑虑,抵销了石油输出国(油盟)减产协议达成后的涨幅。

卖盘打压,上周国际原油期货连5天走跌;因市场围绕在原油库存创新高的焦点,突显减产行动仍未有效解决供给过剩问题,触动空头卖压。

美国原油期上周急挫逾9%,美国油服公司截至3月10日当周,美国石油活跃钻井数增加8座至617座,连增8周的同时创2015年9月来新高,进一步延续长达9个月的上升趋势,表明美国产油商正通过增加钻探活动来充份享受油价回升带来的利好。

油市多头赶在市场重挫前撤退

分析员,油价上周的下跌发端于对冲基金,并可能进一步加剧跌势。


何人可一家工厂重获执照

广告

 
美国商品期货交易委员会(CFTC)数据显示,投资者将西德州原油期货多头仓位减少至一个月最低水平,就在此后不久,油价重重下跌,并自12月以来首次跌破每桶50美元。

分析员说:“这份数据只是个开始,上周下跌的深度和广度说明出现了大规模清盘。本周数据会是颗重磅炸弹。”

CFTC数据显示,对冲基金在3月7日止一周将WTI净多头仓位减少了2.9%,此前一周减少了6.5%。期货与期权净多头合约减少11,149份,至375,558份,是11月以来首次两周连降。多头仓位减少2.5%,空头仓位增加0.5%。

能源分析员说:“上两份报告中的数据说明投资者变得紧张起来,基金经理对自己的净风险敞口和价格缺乏上行动能感到担心。”

文章来源:
星洲日报‧财经‧2017.03.13

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3407 on: March 13, 2017, 08:18:20 PM »



51.31

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3408 on: March 14, 2017, 05:08:35 AM »



51.39

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3409 on: March 14, 2017, 10:19:47 AM »



51.31

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3410 on: March 14, 2017, 03:08:16 PM »



51.33

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3411 on: March 14, 2017, 05:04:59 PM »



51.49

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3412 on: March 14, 2017, 09:10:10 PM »



50.86

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3413 on: March 14, 2017, 09:28:07 PM »



50.72

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3414 on: March 14, 2017, 09:56:07 PM »



50.6

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3415 on: March 14, 2017, 10:23:36 PM »



50.39

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3416 on: March 15, 2017, 04:48:59 AM »



51.09

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3417 on: March 15, 2017, 06:55:27 AM »



OPEC deal looks wobbly as Saudi Arabia's millennial prince visits White House
Patti Domm   | @pattidomm
1 Hour Ago
CNBC.com
23
SHARES
 President Donald Trump and Saudi Deputy Crown Prince and Minister of Defense Mohammed bin Salman meet at the White House in Washington, U.S., March 14, 2017.   Oil drops as Saudi Arabia increases production 
3 Hours Ago | 03:10
OPEC's oil production alliance appears to be on shaky ground, and crude prices continued a weeklong dive, as Saudi Deputy Crown Prince Mohammed bin Salman visited the White House on Tuesday.

Bin Salman represents the new face of Saudi Arabia, and he is the draftsman of a plan to reform the kingdom and diversify it away from oil. He is also seen as a key figure backing the deal between OPEC members and nonmembers like Russia to curb production and stabilize the market price. In Washington, among the topics he was expected to discuss were the war in Yemen and the Iranian nuclear deal.

Analysts say while it appears to be frayed, there is a good chance OPEC and its partners will ultimately keep their deal intact and extend it, because oil in the low $40s per barrel would strain the budgets of producing nations and make it much more difficult for the types of reforms that the deputy crown prince is trying to achieve. But between now and then, oil prices could be rocky. OPEC members have said they would assess extending the agreement to cut 1.8 million barrels in production when they meet in May.

"If MBS is here to talk about broader economic issues, selling the Saudi IPO, selling the broad Saudi Vision 2030 plan, the reality is Saudi Arabia looks more economically attractive in a higher oil price environment," said Helima Croft, global head of commodity strategy at RBC. "This is the tension. In a lower oil price environment, the math on that becomes more challenging."

 Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia.   Worst of oil price downturn is over, says Saudi energy minister 
Tuesday, 7 Mar 2017 | 10:55 AM ET | 02:11
Known as MBS, bin Salman is the favorite 31-year-old son of King Salman and is seen as a contender for the throne.

On the surface, the market bought the idea that the OPEC production plan was working well – and oil prices were holding in the $50s. That was until Saudi Energy Minister Khalid Al-Falih revealed at the CERAWeek by IHS Markit conference in Houston last week that he was not happy with the compliance of some producers and that Saudi Arabia would not carry an unfair amount of the cuts or be used by others.

He also said OPEC was more aligned than ever and said Saudi Arabia was producing below the key psychological 10 million barrels a day level.

"Coming after Khalid Al-Falih's deliberate comments about compliance, his criticism of some other parties keeping up their end of the agreement, it feeds a narrative of Saudi backing away from the agreement. If Saudi backs away, there is no agreement. Saudi drives the OPEC bus. I do think this is more a shot across the bow," said Croft.

At the same CERAWeek conference last week, Iraqi Oil Minister Jabbar Ali Al-Luiebi said that Iraq would be producing 5 million barrels a day by the second half of the year, after just reaching 4 million barrels a day in mid-2016. He also said export capacity could ultimately get to 7 million barrels a day, but he told CNBC after his remarks in Houston that Iraq does not want to "unsettle" the market.

"I think that Iraq production is not really coming off. They seem to be focused on exports and even the export numbers are not really coming off. I think a little bit of this is the Saudis are probably tacitly OK with the narrative that they're not going to shoulder the burden on their own," said Michael Cohen, head of energy research at Barclays. "They're also concerned about non-OPEC compliance, namely Russia and they're not seeing the cuts coming through."

(L-R): OPEC Secretary General Mohammad Barkindo, Mexican Deputy Secretary of Energy for Hydrocarbons Aldo Flores-Quiroga , Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih and Russian Energy Minister Alexander Novak.
Patti Domm | CNBC
(L-R): OPEC Secretary General Mohammad Barkindo, Mexican Deputy Secretary of Energy for Hydrocarbons Aldo Flores-Quiroga , Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih and Russian Energy Minister Alexander Novak.
Another thorn in the side of the deal between the Organization of the Petroleum Exporting Countries and other producers has been the U.S. shale industry, which has turned the pumps back on as the production deal pushed oil above $50. The U.S. is now producing more than 9 million barrels a day. Al-Falih last week said OPEC welcomed shale drillers back to the market. But he also said he is monitoring the activity.

"Green shoots are here in the U.S. and maybe growing too fast. I am moderating the watering of green shoots," he said.

Cohen said he expects OPEC to ultimately extend some sort of deal. "Our view is still one that sees an agreement in some form in place and we have not really wavered from that view," he said. "The reason is based on the fact that completely taking their hand off the wheel again is not something consistent with what many OPEC leaders want."

Oil tanked on Tuesday, after a report from OPEC showed higher global inventories despite the deal. "That OPEC report was a bit of a shock with the Saudis self-reporting a 10 million barrel a day production number. The secondary sources had them producing under 10 million. The market reacted badly to that and the acknowledgement that global inventories were rising," said John Kilduff of Again Capital.

"The headline acknowledgement and prices sold off ... I think they're going to engineer another prices collapse, they've got to do more than that. It's got to be in everybody's face. I think the real wake-up call is when you break $35."

Croft said oil prices will be more volatile until there are more signs of harmony among the key producers. Crude could also take another down leg if the U.S. weekly supply data released Wednesday at 10:30 a.m. ET shows another big build. West Texas Intermediate futures were down for a seventh day Tuesday, falling 1.4 percent to $47.72 per barrel. Brent, the international benchmark was at $50.90 per barrel.

"I kind of feel like this is Saudi cracking the whip ... not threatening to pull out of the deal but leaving roll over up in the air," said Croft.

Russia's energy minister, Alexander Novak, also said last week that it was too soon to say whether the deal, agreed to in December, would be extended but he and others all spoke in support of it. "They don't want $60 [oil] but firming the case for $50 makes sense for their key policy priorities. Are you going to pick keeping as much shale as you can on the sidelines? Or are you going to pick your key economic priorities? If it's sub $50, or $50, I think they roll this over."

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3418 on: March 15, 2017, 09:58:23 AM »



51.57

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3419 on: March 15, 2017, 10:28:32 AM »



Crude Oil
U.S. oil jumps after data shows surprise U.S. stock draw
By Reuters / Reuters   | March 15, 2017 : 9:45 AM MYT   
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
Select Language​▼
TOKYO (March 15): U.S. oil prices rose more than 2 percent in early Asian trade on Wednesday, recovering from a three-month low after industry data showed a surprise drawdown in U.S. crude stockpiles and Goldman Sachs put a positive spin on OPEC's compliance with output cuts.

U.S. West Texas Intermediate crude was trading up 70 cents, or 1.5 percent, at $48.42 a barrel by 0036 GMT, having earlier risen more than $1 to $48.87. The rise came after the contract fell for a seventh session in a row on Tuesday, the longest losing streak since January 2016.

Brent futures were up 60 cents, or 1.2 percent, at $51.52, after settling down 43 cents at $50.92 on Tuesday, the lowest finish since November.

U.S. crude stocks fell by 531,000 barrels last week, industry group the American Petroleum Institute said on Tuesday after settlement.

That compared with analysts' expectations for an increase of 3.7 million barrels. If the draw is confirmed by government data on Wednesday, it would be the first drawdown after nine consecutive builds.

U.S. gasoline and distillate inventories drew more than expected, the data also showed.

Oil tumbled on Tuesday after OPEC reported a rise in global crude stocks and a surprise output jump from its biggest member, Saudi Arabia, further pressuring prices that have erased nearly all of their gains since OPEC announced output cuts in November.

Secondary sources had said Saudi output fell in February to 9.797 million barrels per day (bpd), but Riyadh told OPEC it rose to 10.011 million bpd.

In an effort to dispel market concerns, the Saudi energy ministry said the "difference between what the market observes as production, and the actual supply levels in any given month, is due to operational factors that are influenced by storage adjustments and other month to month variables."

Influential U.S. investment bank Goldman Sachs cast a positive light on the numbers, saying compliance with production cuts remains high despite the rise in stocks. Market rebalancing is still progressing and the bank expects demand for oil to finally exceed supply next quarter.

"Our expectations that inventories will draw through 2017 therefore leads us to expect that Brent timespreads will continue to strengthen with the forward curve in backwardation by 3Q17," Goldman said in its research note.

OPEC's monthly report said oil stocks in industrialised nations rose in January to 278 million barrels above the five-year average, with U.S. shale and other non-OPEC supply gaining.  - Reuters

Offline ho88

  • Civilian
  • *
  • Posts: 62
Re: Spot Brent Oil Price
« Reply #3420 on: March 15, 2017, 10:32:44 AM »
in my opinion will drop more...

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3421 on: March 15, 2017, 05:11:07 PM »



51.63

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3422 on: March 15, 2017, 06:56:28 PM »



51.73

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3423 on: March 16, 2017, 04:58:10 AM »



52.01

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3424 on: March 16, 2017, 12:26:49 PM »



52.15

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3425 on: March 16, 2017, 06:58:29 PM »



52.21

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3426 on: March 16, 2017, 09:56:53 PM »



51.78

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3427 on: March 17, 2017, 04:50:02 AM »



51.75

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3428 on: March 17, 2017, 03:24:28 PM »



51.73

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3429 on: March 17, 2017, 09:32:20 PM »



52.11

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3430 on: March 18, 2017, 06:19:50 AM »



51.83

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3431 on: March 19, 2017, 12:06:35 PM »



东方文荟  2017年03月18日 | 作者:朱冠华 | 专栏:喝茶论势
大马的「油」愁

18
大马的「油」愁

石油价格暴跌时,生產成本高的美国页岩油马上面对困境,不得不停止生產成本高的部分气井。

大马人今年恐怕最痛的一件事,就是在农历新年期间油价涨了20仙。油价对民生用品的成本影响很大,几乎没有人喜欢看见油价上涨,自己荷包缩水的事情发生。但是油价下跌,对財政约三成依赖国家石油公司派息的大马政府,以及石油输出国组织(OPEC)来说则是不乐见的事情。

石油价格暴跌的时候,生產成本较高的美国页岩油马上面对经营困境,不得不停止生產成本较高的部分气井。可当石油输出国组织面对油价太低,造成財政紧张,不得不减產以尝试推高油价时,油价一上升,却反而刺激美国页岩油產量节节攀高。

美国能源部在2月13日发佈钻井生產力报告表示,美国七大页岩层包括巴肯(Bakken)、鹰堡(EagleFord)、海恩斯维尔(Haynesville)、马赛勒斯(Marcellus)、奈厄布拉勒(Niobrara)、二叠纪(Permian)以及尤蒂卡(Utica)等的原油和页岩气,產量都明显增加。更多的供应造成油价涨势停滯,下行压力增加,使得石油输出国组织急得跳脚。


美国新总统特朗普表明要解除美国现有页岩油、天然气、清洁煤炭的开发限制,这也会让美国潜在价值高达50兆美元(222.5兆令吉)的能源储备得以发挥,在创造就业机会之余,也会造成石化燃料价格下跌。

配合美国战略需求

过去控制石油价格的两大主力:一个是华尔街;另外一个就是石油输出国组织。前者通过媒体和「专业」分析来製造舆论,以及通过期货市场这些金融衍生產品、制定交易规则、操纵石油库存数据来操纵油价。后者则是通过减產或增產来影响市场石油的供需。

石油价格的涨跌,有时候也是要配合美国政府的国际战略需求。例如为了对付经济过于偏重石油產业的俄罗斯。特別是俄罗斯「入侵」克里米亚后,就必须重挫石油价格,让俄罗斯的外匯储备流失和卢布贬值,物价膨胀,都是美国政治目的所导致。为了压低石油价格,有时候美国能源部会发出出售战备储油(SPR)的信息来製造市场供应增加的预期,以压低石油价格。

在2月8日,美国能源部就宣佈將在月底出售战备储油。依据2016年12月13日通过的法令,能源部长必须在未来三年出售2500万桶战备储油。2017年本需售出1000万桶,售油所得將用来支应医疗研发。

因为美国拥有全球数量最多的紧急战备储油。根据美国能源情报署(EIA)统计显示,截至2月3日,美国的战备储油共计高达6.951亿桶石油。

石油最能影响物价

这么庞大的石油储备,使得美国有一定操纵油价的能力。另外,目前美国经济最忌惮物价膨胀发生。而石油是最能影响物价的大宗商品,原因是有超过三万件商品的生產都需要用到石油。

在美国政府、华尔街以及页岩油的综合背景下,单单石油输出国组织虽然可以影响短期油价行情,却无法长期改变,除非得到美国的配合。

对于大马人民来说,自然乐意见到石油价格因为供应下跌,以减轻生活负担。但是却又怀疑是否又会发生涨时两毛,跌时五分的情况?另一方面,大马政府则是希望国际油价上涨,好增加自己的收入。政府和民间所求的矛盾,这

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3432 on: March 20, 2017, 10:16:47 AM »



51.46

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3433 on: March 20, 2017, 12:39:11 PM »



Monday, 20 March 2017 | MYT 11:37 AM
Oil prices drop on rise in U.S. drilling
image: http://www.thestar.com.my/~/media/online/2016/08/08/23/55/crude-oil-aug16.ashx/?w=620&h=413&crop=1&hash=326DEBA26B7694A367FA7D3A0F3D238A4309188F

 
SINGAPORE: Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets.

Prices for benchmark Brent crude futures were 29 cents, or 0.56%, below their last settlement at 0223 GMT, at US$51.47 per barrel.

U.S. West Texas Intermediate (WTI) crude futures were down 38 cents, or 0.78%, at US$48.40 a barrel.

Traders said that prices came under pressure from rising U.S. drilling and ongoing high supplies by the Organization of the Petroleum Exporting Countries (OPEC) despite its pledge to cut output by almost 1.8 million barrels per day (bpd) together with some other producers like Russia.

“There is good, strong momentum to the downside,” futures brokerage CMC Markets said in a note on Monday.

U.S. drillers added 14 oil rigs in the week to March 17, bringing the total count up to 631, the most since September 2015, energy services firm Baker Hughes Inc said on Friday, extending a recovery that is expected to boost shale production by the most in six-months in April.

As a result, U.S. oil output has risen to over 9.1 million bpd from below 8.5 million bpd in June last year. (C-OUT-T-EIA)

Reacting to the ongoing glut in markets, financial oil traders cut their net long U.S. crude futures and options positions in the week to March 14, the third consecutive cut, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday.

“This unwinding of position is both a cause and reflection of the big fall in crude oil prices when the cracks in the OPEC/non-OPEC deal emerged and when it seems like it became evident shale oil is back and the new swing player,” said Greg McKenna, chief market strategist at brokerage AxiTrader.

Defying rising sentiment that oil markets remain oversupplied, some analysts say markets will tighten soon, arguing that the OPEC-led cuts will only start to bite from April, just as demand picks up as refineries return from current maintenance outages.

“The cuts in OPEC production from the start of 2017 should start to show up between mid-March (now) and mid-April. Over the coming weeks we expect a sharp reduction in imports and increase in refining runs which should lead to impressive crude inventory draws,” analysts at AB Bernstein said on Monday in a note to clients.

“The combination of falling imports and stronger crude runs should lead to substantial inventory cuts over the coming months,” they said. - Reuters

Read more at http://www.thestar.com.my/business/business-news/2017/03/20/oil-prices-drop-on-rise-in-us-drilling/#orJQzjzutAZWviw1.99

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3434 on: March 20, 2017, 02:27:31 PM »



51.37

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3435 on: March 20, 2017, 04:13:23 PM »



51.52

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3436 on: March 20, 2017, 06:06:09 PM »



51.17

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3437 on: March 20, 2017, 07:50:50 PM »



51.32

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3438 on: March 20, 2017, 09:09:31 PM »



51.06

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3439 on: March 21, 2017, 05:10:52 AM »



51.66

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3440 on: March 21, 2017, 06:41:54 AM »



Monday, 20 March 2017 | MYT 11:26 PM
Opec leans towards oil cut extension, but non-members need to be in - sources
image: http://www.thestar.com.my/~/media/online/2017/03/20/15/30/dcx_doc6u2jxb8bcftpzpg9ec2.ashx/?w=620&h=413&crop=1&hash=65EAE8351A4836F552378597346B16F577ED4193
Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia. - Reuters pic
Shaybah oilfield complex is seen at night in the Rub' al-Khali desert, Saudi Arabia. - Reuters pic
 
DUBAI/LONDON: Opec oil producers increasingly favour extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia and other non-members need to remain part of the initiative.

The Organisation of the Petroleum Exporting Countries is curbing its output by about 1.2 million barrels per day (bpd) from Jan 1 for six months, the first reduction in eight years.

Russia and other non-Opec producers agreed to cut half as much.

The deal has lifted oil prices, but inventories in industrial nations are rising and higher returns have encouraged US companies to pump more. A growing number of Opec officials believe it may take longer than six months to reduce stocks.

“An extension is needed to balance the market,” an Opec delegate said. “Any extension of the cut agreement should be with non-Opec.”

Opec sources told Reuters in February that the group could extend the supply-reduction pact, or even apply deeper cuts from July, if inventories fail to drop to a targeted level.

The group wants stocks in the industrialised world to fall to the average of the past five years. According to the most recent data, for January, inventories of crude and refined products stood 278 million barrels above this level.

Five other Opec sources said it was increasingly clear that the market needed more than six months to stabilise but added that all producers - in Opec plus non-members - had to agree.

“The ministers will meet in May to decide, but everyone has to be on board,” an Opec source from a major producer said.

Opec next meets to decide output policy on May 25 in Vienna.

There will also be a gathering in May of Opec and non-Opec producers, Opec Secretary-General Mohammad Barkindo said last month.

“Hard negotiations are on the way,” another one of the sources said.

Russia, the largest of the 11 outside producers working with Opec, has not publicly said whether it supports extending the supply cut, but is wary about the revival of US shale output due to higher oil prices.

“It’s too early to know whether everyone will agree to this,” a source from a non-Opec participant in the deal said, referring to prolonging the output curb.

The revival of shale oil production - whose growth added to the oversupply that battered oil prices in mid-2014 - has restrained the rally this year and may worry Opec leaders.

Opec ministers and sources, however, have said they don’t see a large rebound in 2017. One Opec source said shale production was expected to grow by about 300,000 bpd this year - a level the market could accommodate.

“Opec heavyweights such as Saudi Arabia are not happy with the return of shale oil in full force and have to make a hard choice between losing part of their market share or steady income,” said a source from a major non-Gulf Opec producer.

“They will more likely opt for income and will push to get help from non-Opec.” - Reuters
TAGS / KEYWORDS:
Foreign News , Oil & Gas , Opec

Read more at http://www.thestar.com.my/business/business-news/2017/03/20/opec-leans-towards-oil-cut-extension-but-non-members-need-to-be-in---sources/#pdRZIIZxE3qVypiK.99

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3441 on: March 21, 2017, 08:55:23 AM »



51.76

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3442 on: March 21, 2017, 01:08:29 PM »



51.87

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3443 on: March 21, 2017, 03:40:35 PM »



51.93

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3444 on: March 22, 2017, 05:12:21 AM »



50.93

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3445 on: March 22, 2017, 11:20:39 AM »



50.83

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3446 on: March 22, 2017, 11:54:56 AM »



有基金押注油价
一年内见100美元
106点看 2017年3月22日
(纽约22日综合电)虽然油价在本月再度下跌,但仍有基金看好油价,预测1年内油价每桶将高见100美元,较现水平高逾1倍。

外媒报道,基金公司Goehring & Rozencwajg Associates两名管理合伙人高林及罗森瓦克表示,油市供应其实较市场预测更为紧张,这将促使油价上升,预测1年内升至每桶100美元。


油价处于低位不忧心

他们强调,对于目前油价处于低位绝不感到忧心,高林直言:“这使我们更有信心!”他强调已分析并列出了很多基本因素支持其观点,惟当油价下跌,市场就会愈看愈淡。

高林及罗森瓦克于今年1月成立了这个天然资源基金,其自去年底已经看好油价高见100美元。当时石油输出国组织(OPEC)及其他非OPEC产油国达成了减产协议。

事实上,OPEC曾于2006年亦宣布减产,两年后在2008年7月,油价一度升至每桶145美元。

高林认为,当年根本不用减产,而2016达成的减产协议其实亦不需要。他解释指,2006年至2008年油市自身已极为紧张,进一步减产仅多此一举。

他续推论,去年油市自身其实亦已开始紧张,相信今年上半年并需要减产。

该基金引述国际能源署(IEA)的报告指去年油市供应过盛,但该基金的研究表示,IEA的数据与全球原油库存的卫星图片存在重大差异。

新闻来源:综合报道


 点赞 0赞
FacebookTwitterGoogle+WhatsApp
相关课题: 基金油价
上则新闻
红底iPhone“冲喜”?
苹果公司股价创新高
下则新闻

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3447 on: March 22, 2017, 01:39:39 PM »



50.77

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3448 on: March 22, 2017, 02:31:08 PM »



50.59

Online king

  • Prince
  • **********
  • Posts: 59,381
Re: Spot Brent Oil Price
« Reply #3449 on: March 22, 2017, 08:25:12 PM »



50.19

Malaysia's Biggest Investment Forum

Re: Spot Brent Oil Price
« Reply #3449 on: March 22, 2017, 08:25:12 PM »